I turn 18 in August and I’m going away to Lanzarote in October with my girlfriend. After reading about Monzo, I’ve kept it bookmarked for the moment I turn 18 so I can immediately top up so its ready to go in October. However, I have a couple questions regarding Monzo and how it works.
- I’m currently a Natwest customer, so I’m guessing I can just transfer money directly from my bank to Monzo, or will I have to run it through PayPal for example?
- Will I be able to pay friends and family through the Monzo app if they don’t have a Monzo card?
- Is there a set limit to top up the card each time? I think I read somewhere I have to top up £100 minimum but not 100% certain on it.
- Once Monzo have current accounts etc. Will I be able to drop Natwest and use Monzo as my primary bank for everything I do on a day to day basis?
Although I haven’t actually got an account yet, I’m really looking forward to signing up and purchasing a card and using it abroad.